CNBC Socializes With LinkedIn

Business news channel CNBC announced Wednesday that they would be forming a "strategic alliance" with the professional networking site LinkedIn.

Under the new partnership CNBC content will be integrated into the social network, including articles, blogs, financial data and videos. The LinkedIn networking functionality will also be added to the CNBC website and user generated content will be broadcast on CNBC programs.

"We believe this will help our users stay on top of the latest in their field of business and more importantly, will enable them to share that information with their professional network — at the speed of business," blogs LinkedIn CEO Dan Nye.

This is not the first time LinkedIn has explored a business news partnership. BusinessWeek told Wired.com a few weeks ago (without disclosing any specific details) that they will be working with them as part of their new Business Exchange site, where a community of readers can create and discuss various business topics, wiki-style.